Calculating The Fair Value Of AAC Technologies Holdings Inc. (HKG:2018)
Dec 14
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Electronic Manufacturing Services Industry Analysis
UpdatedDec 25, 2025
DataAggregated Company Financials
Companies19
- 7D0.1%
- 3M-10.5%
- 1Y25.6%
- YTDn/a
Over the last 7 days, the Electronic Manufacturing Services industry has dropped 3.7%, driven by a pullback from AAC Technologies Holdings of 2.0%. In contrast, Ju Teng International Holdings has gained 6.9%. In the past year, the industry has gained 25%. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Hong Kong Electronic Manufacturing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Dec 2025 | HK$71.3b | HK$106.6b | HK$1.1b | 12.3x | 62.5x | 0.7x |
| Sat, 22 Nov 2025 | HK$68.3b | HK$106.3b | HK$1.1b | 12.5x | 62.1x | 0.6x |
| Mon, 20 Oct 2025 | HK$71.7b | HK$106.0b | HK$1.1b | 10.2x | 65.7x | 0.7x |
| Wed, 17 Sep 2025 | HK$76.2b | HK$106.2b | HK$1.1b | 9.8x | 69.5x | 0.7x |
| Fri, 15 Aug 2025 | HK$75.6b | HK$104.6b | HK$775.9m | 10.7x | 97.5x | 0.7x |
| Sun, 13 Jul 2025 | HK$63.7b | HK$103.3b | HK$539.1m | 9.1x | 118.2x | 0.6x |
| Tue, 10 Jun 2025 | HK$59.2b | HK$103.0b | HK$543.2m | 8.4x | 109.1x | 0.6x |
| Thu, 08 May 2025 | HK$55.1b | HK$99.1b | HK$624.7m | 7.7x | 88.1x | 0.6x |
| Sat, 05 Apr 2025 | HK$62.2b | HK$99.0b | HK$615.9m | 8x | 100.9x | 0.6x |
| Mon, 03 Mar 2025 | HK$66.6b | HK$91.8b | -HK$32,857,354.69 | 6.9x | -2026.1x | 0.7x |
| Wed, 29 Jan 2025 | HK$59.5b | HK$92.0b | -HK$42,156,771.11 | 7.4x | -1412.5x | 0.6x |
| Fri, 27 Dec 2024 | HK$57.2b | HK$91.7b | -HK$50,244,398.25 | 6.2x | -1138x | 0.6x |
| Sun, 24 Nov 2024 | HK$54.5b | HK$91.4b | -HK$74,466,607.27 | 6.7x | -731.7x | 0.6x |
| Tue, 22 Oct 2024 | HK$52.3b | HK$91.8b | -HK$56,778,515.67 | 7.1x | -921.1x | 0.6x |
| Thu, 19 Sep 2024 | HK$45.5b | HK$92.2b | -HK$97,728,093.48 | 5.9x | -465.5x | 0.5x |
| Sat, 17 Aug 2024 | HK$47.6b | HK$90.6b | -HK$219,756,313.15 | 9.3x | -216.4x | 0.5x |
| Mon, 15 Jul 2024 | HK$52.6b | HK$97.0b | -HK$358,974,946.88 | 10.5x | -146.4x | 0.5x |
| Wed, 12 Jun 2024 | HK$45.5b | HK$96.8b | -HK$317,119,593.88 | 9.8x | -143.5x | 0.5x |
| Fri, 10 May 2024 | HK$46.0b | HK$98.7b | -HK$642,919,669.49 | 6.4x | -71.6x | 0.5x |
| Sun, 07 Apr 2024 | HK$41.1b | HK$98.7b | -HK$625,203,434.94 | 5.6x | -65.7x | 0.4x |
| Tue, 05 Mar 2024 | HK$34.9b | HK$111.8b | -HK$282,632,146.54 | 5.6x | -123.3x | 0.3x |
| Thu, 01 Feb 2024 | HK$31.2b | HK$112.4b | -HK$363,027,023.00 | 5.6x | -86x | 0.3x |
| Sat, 30 Dec 2023 | HK$39.5b | HK$112.3b | -HK$362,344,166.00 | 6.1x | -109x | 0.4x |
| Mon, 27 Nov 2023 | HK$34.8b | HK$109.3b | -HK$69,871,801.00 | 6.4x | -498.7x | 0.3x |
| Wed, 25 Oct 2023 | HK$28.0b | HK$109.1b | -HK$88,753,757.00 | 6.5x | -315.6x | 0.3x |
| Fri, 22 Sep 2023 | HK$27.6b | HK$109.1b | -HK$88,221,387.00 | 7.1x | -312.7x | 0.3x |
| Sun, 20 Aug 2023 | HK$33.3b | HK$110.3b | HK$321.5m | 6.4x | 103.6x | 0.3x |
| Tue, 18 Jul 2023 | HK$43.0b | HK$123.2b | HK$734.3m | 6.1x | 58.5x | 0.3x |
| Thu, 15 Jun 2023 | HK$41.8b | HK$124.6b | HK$1.1b | 6.1x | 38.2x | 0.3x |
| Sat, 13 May 2023 | HK$42.9b | HK$134.9b | HK$915.6m | 6.5x | 46.9x | 0.3x |
| Mon, 10 Apr 2023 | HK$45.6b | HK$135.3b | HK$918.2m | 6.2x | 49.6x | 0.3x |
| Wed, 08 Mar 2023 | HK$47.9b | HK$132.3b | HK$2.2b | 6.1x | 22.2x | 0.4x |
| Fri, 03 Feb 2023 | HK$51.0b | HK$133.0b | HK$2.2b | 6.7x | 23.4x | 0.4x |
| Sun, 01 Jan 2023 | HK$47.0b | HK$131.9b | HK$2.1b | 5.4x | 21.9x | 0.4x |
Price to Earnings Ratio
21.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Electronic Manufacturing Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 62.1x which is higher than its 3-year average PE of -384x.
- The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
- The earnings for companies in the Electronic Manufacturing Services industry have declined 19% per year over the last three years,
- Revenues have also declined 6.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Electronic Manufacturing Services compare with similar industries?
| HK Market | 1.11% | |
| Tech | 1.01% | |
| Electronic Equipment and Components | 0.44% | |
| Electronic Manufacturing Services | 0.098% | |
| Technology Distributors | 2.54% | |
| Electronic Components | 0.38% | |
| Electronic Equipment and Instruments | 0.22% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2018 AAC Technologies Holdings | HK$38.60 | 1.2% +HK$532.1m | 3.5% | PE19.1x | |
| 3336 Ju Teng International Holdings | HK$1.90 | 8.6% +HK$126.8m | 120.9% | PS0.3x | |
| 3302 Kinergy | HK$0.41 | 7.9% +HK$27.6m | 236.1% | PS0.6x | |
| 1912 Contel Technology | HK$0.72 | 5.9% +HK$5.3m | -51.4% | PS0.2x | |
| 9918 Wise Ally International Holdings | HK$1.04 | 3.0% +HK$3.0m | 67.7% | PE1.5x |
